Save Article

Genentech Sales Forecast to Rise

By

Carolyn Pritchard

Updated April 10, 2007 12:01 a.m. ET

Genentech Inc. is expected to report a 38% rise in first-quarter sales after the close of markets tomorrow.

Analysts surveyed by Thomson Financial forecast, on average, a surge in first-quarter revenue to $2.74 billion from $1.99 billion in the year-earlier quarter for Genentech, based in South San Francisco, Calif.